Circuit Breaker Market
Circuit Breaker Market - Global Industry Assessment & Forecast
#
Pages:
146
2022
Nov - 2022
VMR-1846
Segments Covered
By
Insulation Type Vacuum Circuit Breaker, Air Circuit Breaker, Gas Circuit Breaker, Oil Circuit Breaker
-
By
Voltage Medium Voltage, High Voltage
-
By
Installation Indoor, Outdoor
-
By
End Users T&D Utilities, Power Generation, Renewables, Railways
-
By
Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
 Base Year:
|
2022 |
| Forecast
Years:
|
2023 - 2030 |
 Historical
Years:
|
2017 - 2021 |
 Revenue
2022: |
USD 5.28 Billion |
 Revenue 2030:
|
USD 8.10 Billion |
 Revenue CAGR
(2023 - 2030): |
5.50% |
Fastest Growing Region (2023 -
2030)
|
Asia Pacific |
Largest Region (2022):
|
Asia Pacific |
Customization Offered
Cross-segment Market Size and
Analysis
for Mentioned Segments- Additional Company Profiles (Upto 5
With
No Cost)
- Additional Countries (Apart From
Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request
Customization Speak To
Analyst
Research Methodology: Circuit Breaker Market by Insulation Type by Voltage by Installation by End Users by Region - Global Market Assessment, 2021 - 2028
Secondary Research
Primary Research:
Data Triangulation and Market Size Estimations
Vantage Market
Research | 19-Sep-2022
FAQ
Frequently Asked Question
What is the global demand for Circuit Breaker in terms of revenue?
-
The global Circuit Breaker valued at USD 5.28 Billion in 2022 and is expected to reach USD 8.10 Billion in 2030 growing at a CAGR of 5.50%.
Which are the prominent players in the market?
-
The prominent players in the market are ABB, Schneider Electric, Siemens, Mitsubishi Electric, Eaton, Mitsubishi Electric, CG Power & Industrial Solutions, XIGAO Group, LS ELECTRIC, Huayi Electric, Myers Power Products, Larsen & Toubro, TE Connectivity, Meidensha, Toshiba, Powell Industries.
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 5.50% between 2023 and 2030.
What are the driving factors fueling the growth of the market.
-
The driving factors of the Circuit Breaker include
- Growing investments in power generation, specifically from renewable energy sources
Which region accounted for the largest share in the market?
-
Asia Pacific was the leading regional segment of the Circuit Breaker in 2022.
